Joined: July 5, 2002, 1:56 pmPosts: 27079Location: A Special Place in Hell

Have you looked at a 5 year chart? The DJIA is correcting for an astronomical climb that has taken place after Trump was elected. If/when it drops below 20K it will be something to take note of. You'd have to be insane to expect the market to keep climbing at the RECORD pace it was since Trump was elected.

Quote:

The Federal Reserve has raised rates for the fourth time this year and the ninth time since the 2008 financial crisis. That puts the short-term interest rate range at 2.25% to 2.50%.

And the S&P 500 SPX, -2.06% has responded by plummeting to its lowest level since October 2017.

You do realize how incredibly low interest rates were due to the housing debacle over the past decade? Rates could go much higher and still be within the norm. With an interest rate hike along with the usual government shutdown crap, would make sense for a bad December.

The good news is maybe we can make the wall on the Mexican border a few feet shorter since less people will want to bum rush into the U.S....nah, market could crash another 10K and we'd still have people fighting to get in. Life sucks in America! What's up with all of those huge caravans of people from Central America coming our way?

Just watch, Hillary will run on the promise to build a high speed non stop train line from Central America to the heart of the U.S. to get as many illegal immigrants as possible into our country. Our taxes will only increase as much as the wall would have cost for this great feat of humanity.

I'll be happy to see Trump go if there is a suitable replacement. I'm an Atheist to the core, but god help us if it's Hillary or Oprah.

When historians look back in time, it's possible the pinnacle of United States of America happened in the 1980s, roughly 200 years after it was brought into existence. That was when we hit our peak in world dominance and overall badassness as the single greatest country in the world. The U.S. won't crash and burn but will slowly merge into the global network in which no country and afford to not rely on the rest of the world in some way or another.

I foresee overall less freedom for everyone in all countries in a few decades.

One a semi-side note, if you haven't been tracking advances in mind reading, it's time to start paying attention. We are all truly fucked once our thoughts are no longer private.

Market green today! What wonderful things did Trump do for that to happen after he was blamed for the apocalyptic drop to lower record highs? Guess we only post when the market drops!

Happy Holidays!

Quote:

Dow Suffers Record-Breaking Christmas Eve Losses

Record breaking!

Quote:

The stock market was only open for half a day Monday, and that was more than enough time for the Dow Jones Industrial Average to drop 2.9 percent to 21,792.20. Breaking 1918's record for the worst Christmas Eve performance.

I wonder what wonderful things Trump did for that to happen! I'm sure it involved Twitter in some fashion.

Quote:

U.S. stocks are on track for their worst year since 2008, which was during the Great Recession, and their worst December since 1931, which was during the Great Depression.

Worst year since 2008! Gee, Obama wasn't even in office at that point. I wonder how low it needs to get for Winnow to start calling Trump the worst president ever.

Winnow wrote:

I'll be happy to see Trump go if there is a suitable replacement.

The point is he wasn't suitable to begin with and should never have been elected. Well vote-wise he wasn't but that's another topic.

The 30-stock Dow closed 1,086.25 points higher, or 4.98 percent, at 22,878.45. Wednesday's gain also marked the biggest upside move on a percentage basis since March 23, 2009, when it rose 5.8 percentage points.

The S&P 500 also catapulted 4.96 percent — its best day since March 2009 — to 2,467.70 as the consumer discretionary, energy and tech sectors all climbed more than 6 percent. The Nasdaq Composite also had its best day since March 23, 2009, surging 5.84 percent to 6,554.36.

Wednesday also marked the biggest post-Christmas rally for U.S. stocks ever.

what now brown cow?

So some depressed xmas eve investors sold like fools. Soon as government shutdown is resolved, it's up up and away.

Oh look, yet another major down day. Dow down nearly 700 points once again. Thanks Trump. Worst president ever! At least I can say with a clean conscience I didn't vote for the dude or support his dumbass policies. Anyone who can't see him for the fraud he is has to be seriously delusional.

As for market performance over time:

Quote:

2018 WAS THE WORST YEAR FOR THE STOCK MARKET SINCE THE FINANCIAL CRISIS OF 2008

Now that the year is finally over, we can officially say that 2018 was the worst year for stocks in an entire decade

Joined: July 5, 2002, 1:56 pmPosts: 27079Location: A Special Place in Hell

DJIA up 746 points today. Hmmm, why is it always up just a little more the next day than your doom and gloom posts?

down "nearly" 700 points < up 746 points

This upswing is with the government still shut down. Amazeballs.

Your doom and gloom posts are good luck for the market! Now lets get this wall built so our great nation can move forward.

Trump's getting shit done. Haters gonna hate! Trump was elected and promised the wall. Now the scariest dressed and ugliest band of mistfit liberals in congress are trying to stop it. Bunch of whiney bitches. If Trump has to declare a state of emergency to get it done, so be it. These bleeding heart liberal faggots only have one thing on their mind...pumping out more foodstamps for the lazy ass fucks that voted for them. They can go eat a dick. I know one thing I'd do. Put those fat ass liberal assholes to work on the wall. No free food anymore. Build that wall you lazy fucks!

Wow, Friday ending on another down note for the Dow. Down down down how low can it go? What a disaster of a president.

Winnow wrote:

Trump's getting shit done.

Serious question.. What "shit" has been getting "done" in the last 2 years? I mean, other than putting an alcoholic date rapist on the Supreme Court. Surely that's something. right?

Fuck the wall. It sucks for the federal employees not getting paid but Trump said he would be proud to own the shutdown. Start owning it, dumbass.

There was a BIPARTISAN agreement for 1.3b for border security but Trump wanted 5b MORE for his dumbass penis extension wall. I hope the Democrats don't cave on this. Border security is definitely important, and there should be barriers where it makes sense to put them, but to put a fence along the entire border is wasteful and asinine.

You do know it's going to cost a lot more than $2.5 billion (or even $5 billion) to build his wall/fence don't you? And this is from two years ago, it's probably more now due to steel prices going up thanks to Trump;s own doing with the tariffs (taxes):

Quote:

President Donald Trump’s “wall” along the U.S.-Mexico border would be a series of fences and walls that would cost as much as $21.6 billion, and take more than three years to construct, based on a U.S. Department of Homeland Security internal report seen by Reuters on Thursday.

And then there is the maintenance costs...

I though Republicans cared about big government and wasteful spending? Oh right only when a Democrat is in office. If this was Obama would you be like "Oh it's just 2/5 billion no big deal"?

To be clear, if Obama wanted a wall I'd be against that too. Not everybody blindly follows party politics. Free your mind and the rest will follow! You are allowed to have opinions that conflict with the party line you know. Obama did many things I didn't like.

Joined: July 5, 2002, 1:56 pmPosts: 27079Location: A Special Place in Hell

I'm all for the wall and future maintenance. Mexico is absolutely useless in stopping the flow of immigrants (illegal) from their own country and from Central American countries. You don't live on a border state. I do. It's needed. The caravans of immigrants are getting ridiculous. You can't be hating on the US while trying to enter the US at the same time. One or the other. I'll take the hate.

Trump has his share of good and bad ideas. I'm OK with the wall and support it.

They already have fences and walls where it's needed. You do not need a continuous wall across the entire border. You don't have to live there to know that. Did that "caravan of immigrants" just walk on through? I'm going to say no it did not.

Joined: July 5, 2002, 1:56 pmPosts: 27079Location: A Special Place in Hell

Aslanna wrote:

They already have fences and walls where it's needed. You do not need a continuous wall across the entire border.

What? Of course you need a continuous fence. Try putting up a fence in your yard but leave one side open. What does that keep out? Nothing! I'm going to give these illegal immigrants and coyote people shufflers some credit and assume that they are smart enough to figure out that if there's a wall here and no wall there...you go where there's no wall. Sure lots die out in the middle of nowhere from dehydration but nowhere hear 100%. If they all died, we'd be ok.

Joined: July 5, 2002, 1:56 pmPosts: 27079Location: A Special Place in Hell

Aslanna wrote:

Market down again today. Thanks Trump! Worst president of all time.

That's the Liberals fault. Market will go back up once wall funded. Fund it by cutting welfare and build it using forced labor from the unemployed and caught illegal aliens still trying to cross from those...you know...parts of the border without a wall! As incentive, give a chance for 1% of the forced illegal alien laborers to obtain a green card.

President Donald Trump's approval rating has taken a beating amid the longest-ever U.S. government shutdown, which has dragged on for more than a month.

On FiveThirtyEight's daily tracker, for instance, Trump's average approval rating had dipped below 40 percent on Wednesday. The tracker—which aggregates public polls, while accounting for each survey's quality, recency, sample size and partisan lean—pegged Trump's approval at just 39.6 percent, while his disapproval had risen to 55.7 percent.

Darn. That's a shame.

Quote:

The shutdown was sparked over a month ago when Trump refused to sign a stop-gap spending bill, demanding funding for his long-promised border wall. Polling has shown Trump is losing the shutdown across nearly all fronts and that voters, by and large, blame him and his fellow Republicans for the shutdown that has left some 800,000 federal workers without paychecks.

Own it!

Hopefully voters will remember this come 2020 election time and not vote for those Republican scumbags who are too scared to stand up to the president. But considering the attention span of the average American these days I'm not too hopeful about that.

Joined: July 5, 2002, 1:56 pmPosts: 27079Location: A Special Place in Hell

Yeah, real progressive. Denying the president his State of the Union Address. I don't care who the president is in office at any point in time. The State of the Union address should not be a playing card in any scenario. All that does is escalate things. State of emergency incoming!

Looks like the Democrats are all about denying United States citizens information about the state of their nation at a time when it's needed the most. That move is going to backfire in the long run. It will have the reverse effect and increase votes for republican candidates if the voters, rightly so, feel that both house and senate must be controlled for anything to get done.

Joined: July 5, 2002, 1:56 pmPosts: 27079Location: A Special Place in Hell

I've been disgusted with politics for at least the past 10 years. I don't foresee a solution for either Democrat or Republican sides. It's easy to say vote for a third party candidate but the presidency itself isn't the biggest issue. Our system is so tied down with special interest groups and lobbyists that there is no easy or short term fix.

I won't place blame on either political party for our government's overall ineptness going back a decade or two. Trump is the result of our broken system and whatever Democrat whack job that gets voted into the presidency by social media next will also be the result of it.

As for the wall. I'm perfectly fine with it. 20 Billion? What's that, the cost of one Aircraft Carrier? We have a trillion dollar budget. 20 Billion over 5 years or whatever is nothing. This is more about Democrats and Republicans trying to appeal to their base. How much money was wasted on stupid Obamacare? Let Trump have his wall. The next president can tear it down just like Obamacare got dismantled.

Trump can have his wall when he gets Mexico to pay for it... As was his campaign promise. Until then, nope. How about spending those billions on our crumbling infrastructure?

Again, why didn't the Republicans pass funding for his dumbass wall during the first two years of his term instead of waiting so they could let Democrats be the bad guys (which by the way didn't work)? What a bunch of spineless fuckwits the Republican party has become. No wonder Republicans are jumping ship from that racist cesspool at a record rate.

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